Anyone know what happens when two exploration license, mineral exploration license (EL) and a petroleum exploration license (PEL) overlaps on a single tenement? Are they able to co-exist on a single tenement? Or if both parties need to make an agreement, who has the upper hand?
Say for example a coal company (EL) have operation in the region which has a JORC resource, whilst another petroleum company (PEL) recently made an O&G discovery on the same adjoining tenement.
